Basic information of Bytom (BTM) mainnet

Bytom, which first issued the ETH ERC20 token, officially launched its own independent blockchain mainnet on the 24th. Bytom can mine and is ASIC-friendly. At 11 a.m. on the 25th, 2,500 Bytom mining machines - Antminer B3 went on sale and have been sold out.

Let’s take a look at the basic information of Bytom:

Total amount: 2.1 billion 33% used for mining 2.1 billion * 0.33 = 693 million

Consensus Mechanism: POW

Consensus Algorithm: Tensority

Block interval: 2.5 minutes on average

Block reward halving cycle: 840,000 blocks, about 4 years

Difficulty adjustment: 2016 block approximately 3.5 days

Initial block reward: 412.5 BTM

Total halving times: 36 times

Block size: 2~3M

Whitepaper: https://bytom.io/wp-content/themes/freddo/book/BytomWhitePaperV1.0.pdf